The Excellence of living in Wrapche

2900 MINNESOTA AVENUE SE

WASHINGTON , DC 20019

MLS#: DCDC2231508

$3,380,000

Status: Active
Listing number: DCDC2231508
Listing provided by: Fairfax Realty
Listing agent phone: None
Last update: 17 days ago
On site: 3 months ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1948

Sq.Footage

N/A

2900-2924 Minnesota Avenue SE, on a 0.45 Acre Lot, 9,200 SF occupying an entire city block. NOI $175,000. CAP 5.2%. 2 contiguous building across 2 legal lots (Tax ID 5505//0035 & 5505//0801) 222 feet of street frontage, plenty of parking at the alley behind & side of building area. Nine (9) multi-tenant, a new owner has the flexibility to collect income from the leased portions while simultaneously occupying the remaining space to create additional upside. Located in HUB and Opportunity Zones, MU-3A Zoning allows for Retail, Childcare and Medical. Contact Lister for details and schedule a viewing. Please DO NOT DISTURB the current operator!

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Natural Gas, Hot Water

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick Veneer

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.22

  • Property Type

    Commercial Sale

  • Property Sub Type

    Retail

Price

  • Sales Price

    $3,380,000

  • Tax Amount

    $14,087

  • Zoning

    Current MU-3A Zoning designation (1.0 FAR + IZ / Affordable housing) to Future Upzoning Potential to MU-4 Zoning designation

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Tax Lot

    35

  • Water Source

    Public

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Listing Courtesy of Kevin B Shin , Fairfax Realty

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2900-2924 Minnesota Avenue SE, on a 0.45 Acre Lot, 9,200 SF occupying an entire city block. NOI $175,000. CAP 5.2%. 2 contiguous building across 2 legal lots (Tax ID 5505//0035 & 5505//0801) 222 feet of street frontage, plenty of parking at the alley behind & side of building area. Nine (9) multi-tenant, a new owner has the flexibility to collect income from the leased portions while simultaneously occupying the remaining space to create additional upside. Located in HUB and Opportunity Zones, MU-3A Zoning allows for Retail, Childcare and Medical. Contact Lister for details and schedule a viewing. Please DO NOT DISTURB the current operator!

2900 MINNESOTA AVENUE SE

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